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Water backup coverage, or sump pump coverage, is a homeowners insurance endorsement that covers repair or restoration costs if water backs up into your home from sewer or drain lines. Flood insurance
What might water or sewer line repairs cost a homeowner with no coverage? "Current pricing for a water service line is $10,000 to $12,000," Walker said. "It can be on the higher end if the street ...
Sewer backup coverage: Although sewer backup coverage is not part of a standard home insurance policy, it can usually be purchased as an endorsement. Performing preventative checks to protect your ...
Replacement cost coverage is designed so the policy holder will not have to spend more money to get a similar new item and that the insurance company does not pay for intangibles. [4] For example: when a television is covered by a replacement cost value policy, the cost of a similar television which can be purchased today determines the ...
RLI Corp. is an American insurance company specializing in property insurance and casualty insurance. [2] It is headquartered in Peoria, Illinois. [2] [3]RLI conducts its operations primarily through four insurance subsidiaries — RLI Insurance Company, Mt. Hawley Insurance Company, [4] RLI Indemnity Company, and Contractors Bonding and Insurance Company.
The Puerto Rico Aqueducts and Sewers Authority (PRASA; Spanish: Autoridad de Acueductos y Alcantarillados de Puerto Rico) is a water company and the government-owned corporation responsible for water quality, management, and supply in Puerto Rico, a US insular area. [1]
The coverage amounts where replacement cost can apply, dwelling, other structures and personal property coverage, are determined by you and your insurance company.
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